Trading plan: XRPUSD (Ripple)
Ripple rate is still in flat.
Priority of the day: neutral position on XRPUSD.
We follow our intention to work on the trend, so we are waiting for the end of correction of Ripple rate in the zone: $ 0.58 - $ 0.60. After that, we plan to look for deals for selling Ripple rate.
But, it is possible that buyers will be able to raise the quotation of Ripple, then we will plan the transaction for its purchase.
Projected scenarios:
1. The rate of XRPUSD will rise from $ 0.53 to $ 0.58.
2. The rate of XRPUSD will drop from $ 0.53 to $ 0.50.
Alternative scenario:
Another day in flat for Ripple is not excluded.
Priority of the day: neutral position on XRPUSD.
We follow our intention to work on the trend, so we are waiting for the end of correction of Ripple rate in the zone: $ 0.58 - $ 0.60. After that, we plan to look for deals for selling Ripple rate.
But, it is possible that buyers will be able to raise the quotation of Ripple, then we will plan the transaction for its purchase.
Projected scenarios:
1. The rate of XRPUSD will rise from $ 0.53 to $ 0.58.
2. The rate of XRPUSD will drop from $ 0.53 to $ 0.50.
Alternative scenario:
Another day in flat for Ripple is not excluded.
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